Get Ready For A Pull Back

Tenaga & PBB has announce a good set of quarterly results tonight, this will push up the KLCI to new height tomorrow. Wow! New high again!

While we cheer for this, we should not be over optimistic.

A pull back is likely to happen very soon, do not chase hot stock!

BE CAUTION !!!!

Be A Professional and Responsible Remisier

I still remember this; My friend asked my opinion when mkt dip in end Feb, she said her friend's remisier advise them to sell 'ALL' shares they owned. This particular remisier had also advise the same thing when mkt down on Thai capital control event.

Now the market has move upward again which has almost come back to the level before the Feb correction, just 10 points below the previous peak of 1280+.

A professional & responsible remisier should be able to provide better advise than 'SELL ALL' during market correction !

I really sad for those who dump their shares at the bottom price when the market dip in Feb correction.

Portfolio as at 30/3/2007

Even Lionind latest price at 1.60, it's still under value. It's NTA as at 31/12/06 is 3.11, it's EPS for latest half year is 0.23. It's earning is improving, we will see a big jump in it's NTA after the demerger excersice by Liondiv in mid 2007.

The financial performance for Ornasteel is good. EPS for year ended 31/12/06 is 0.19, NTA is 1.68. Dividend for year 2006 is 10 sen per share.

I'm bullish for Ornasteel and extremely bullish for Lionind.

Price are Going Up, Have U Save Enough to Invest ?

Price are going UP for almost everything that you know. For cement, steel, land and house, for food & beverage, petrol, electricity, car park and toll. Everything is up and never come down.

Now the economist and financial people even predicted that we are in the century of 'Long Boom', this simply means that prices for all assets classes will go up in a faster pace in for a long period.

If you are under employment and earned less than 2,000 a month.
If you do not save a fix amount from your monthly income.
If you have no property or investment fund.

How are you going to enjoy good quality of life under the pressure of inflation.

Added a Link - Wisdom Wise

I have added a link- Wisdom Wise.

We can learn more about investing by reading his opinion on equity and investing. A good blog for how to be an Intelligent Investor.

Thanks Ben Gan for sharing his wisdom !

Added a Link - The Value Circle

Added a link; the value circle (www.thevaluecircle.com) for those who are interested in value investing.

Lion Deversified bought Lion Industries in open Mkt

Notice LionD has accumulated LionInd shares in open mkt.
From 6/3/07 to 12/3/07, she has bt a total of 8.0 million shares. (refer BSKL announcement)

What is the intention ??
To support the shares price or another restructuring in the pipeline ?????????????

Lessons From This Correction

This correction tell me 2 things:-

1) Bursa Malaysia is closely link to the world markets, the market sentiment and up & down will be affected by the regional market's volatility. Hence, a serious investor must be able to observe the regional markets performance.

Actually, the world index (ie NYSE, HangSeng, Nikkie, STI) has already shown weakness months before the currect correction.

2) The weak characters of our local market investors
Malaysia's investor or the retail investor tend to 'throw everything out from the window' when the market undergo correction, they sell everything base on fear & emotion rather than fundamental. This also explain why our mkt drop the most in this round of correction if compare to the others regional markets.

Child's Education Fund @ 28/2/2007

KLCI finally undergo a severe correction on 27/2/07 & today. KLCI has went down 100 point at opening time today, rebound back to closed at 1,196 point. Down 41 point.

After this round of correction, The CI will resume the bull run to retest 1,300 point. LONG TERM BULLISH REMAINED.

LONG TERM BULLISH

Hot Hot Hot !!! The market volume has surge to 4.7 billion after Chinese New Year. The 2nd liner & Mesdaq stock is moving with a bang.

I Capital in it's latest weekly issue raise the medium/ long term KLCI target to 2,000 point. WOW!

Maybe the best strategy is to buy a few good stock & keep it. Don't sell it so easily unless the price is irresistible. Why ? Because it's LONG TERM BULLISH!